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26 September 2018


Report summary

Global Energy, a subsidiary of Russneft (Russia), operates the Kurovdag field. The field lies onshore Azerbaijan and is the largest oil discovery in the Lower Kura province. However, it is now mature, with current production far below historical levels. Redevelopment work in the 1990s targeted increasing production to 50,000 b/d, but this proved overly ambitious.Oil production averaged 2,800 b/d in 2017. All Kurovdag crude is exported. Associated gas is delivered to SOCAR free of ...

Table of contents

Tables and charts

This report includes 23 images and tables including:

  • Key facts: Table 1
  • Index map
  • Kurovdag map
  • Cash Flow
  • Economic analysis: Table 2
  • Economic analysis: Table 3
  • Split of Revenues
  • Cumulative Net Cash Flow - Undiscounted
  • Cumulative Net Cash Flow - Discounted at 10% from 01/01/2019
  • Remaining Revenue Distribution (Discounted at 10% from 01/01/2019)
  • Remaining PV Price Sensitivities
  • Participation: Table 1
  • Geology: Table 1
  • Reserves and resources: Table 1
  • Reserves and resources: Table 2
  • Production: Table 1
  • Production: Table 2
  • Kurovdag production profile
  • Infrastructure: Table 1
  • Costs: Table 1
  • Costs: Table 2
  • Fiscal and regulatory: Table 1
  • Costs: Table 3

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    ZIP 7.32 MB

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